Articles tagged “cerberus”

EasyJet and Air France-KLM Eye Takeover of Troubled Airline Alitalia

EasyJet and Air France-KLM Eye Takeover of Troubled Airline Alitalia

Tara Patel, Alessandra Migliaccio, and Benjamin Katz, Bloomberg

Will Alitalia finally get its white knight? The troubled airline is being supported by the Italian government, which is aggressively shopping it to suitors. EasyJet is leading a consortium looking at buying Alitalia and giving it an entree to the Mediterranean. Momentum and Italy's growing impatience favors the EasyJet group so news could come shortly.

2 years ago

The ongoing saga of a Japanese rail and hotel giant and its big U.S. shareholder

The ongoing saga of a Japanese rail and hotel giant and its big U.S. shareholder

Chris Cooper and Kiyotaka Matsuda, Bloomberg

U.S. companies rarely have succes getting board seats at Japanese companies, and Cerberus' combination of bravado and poor choices (hello, Mr. Laughingston Vice President) are only adding to its woes.

6 years ago